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 TA-WB = Goreng?

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cherroy
post May 24 2009, 05:27 PM

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SC approval is needed for warrant extension, cannot simply said want extend already can extend.

A lot of warrant already being extended once, but I don't know whether TA-WB is one of them or not.
kb2005
post May 24 2009, 09:40 PM

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QUOTE(cherroy @ May 24 2009, 05:27 PM)
SC approval is needed for warrant extension, cannot simply said want extend already can extend.

A lot of warrant already being extended once, but I don't know whether TA-WB is one of them or not.
*
If i am not mistaken, TA-WB has been extended once. Can it get the second extension ? If not, the selling pressure will be very high.
simplesmile
post May 24 2009, 11:43 PM

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QUOTE(kb2005 @ May 24 2009, 09:40 PM)
If i am not mistaken, TA-WB has been extended once. Can it get the second extension ? If not, the selling pressure will be very high.
*
How long do they need to get the SC approval for extension?
Does TA need the capital subscription money now? If not, then there's a possibility of seeking extension.
lklatmy
post May 25 2009, 12:01 AM

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Since TA already issue notice to warrant holder to exercise and also the date the warrant will ceased trading/delisting,there is DEFINITELY NO EXTENTION OF TA WB.
skl097
post May 25 2009, 02:02 PM

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drop to RM0.035.....
sjz
post May 25 2009, 06:02 PM

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some lucky ppl succesfully bought at 0.02...smile.gif
it sure will go more than 0.02...
TSstanly007_2
post May 25 2009, 08:17 PM

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If I own some lots of this warrant.
When I expired I change to the main share with a cheapest price.

Let say main share 1.12 and with warrant i can buy with only 0.70
then Once I convert my warrant to main share and Sell instantly.. I will earn 0.42 per units

correct?
So what are we waiting for?
sjz
post May 25 2009, 09:11 PM

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I taught the TA-WB can buy TA mother share at RM1.00 which means only save RM0.04 if i am not mistaken. tongue.gif
mynewuser
post May 25 2009, 09:41 PM

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QUOTE(sjz @ May 25 2009, 09:11 PM)
I taught the TA-WB can buy TA mother share at RM1.00 which means only save RM0.04 if i am not mistaken. tongue.gif
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No point to convert. How many lot you want to buy the mother share. If you buy TA-WB 5000 lot. Are you going to buy 5000 lot of the mother share?
kb2005
post May 26 2009, 12:23 AM

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QUOTE(stanly007_2 @ May 25 2009, 08:17 PM)
If I own some lots of this warrant.
When I expired I change to the main share with a cheapest price.

Let say main share 1.12 and with warrant i can buy with only 0.70
then Once I convert my warrant to main share and Sell instantly.. I will earn 0.42 per units

correct?
So what are we waiting for?
*
I don't think you can buy at 0.70. Pls check the warrant detail of this counter.
sjz
post May 26 2009, 01:45 AM

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QUOTE(kb2005 @ May 26 2009, 12:23 AM)
I don't think you can buy at 0.70. Pls check the warrant detail of this counter.
*
for TA-WB, confirm can convert to mother share at RM1.00/share.
now TA share is RM1.04 (Opening price 25 May) might go up or down, yesterday so as high as RM1.07, thanks to those ppl that goreng TA share from around RM0.57 at 12 March 2009, so means TA-WB's price can't be higher than RM0.03 for the safe side.
NaMyzarC
post May 26 2009, 06:41 PM

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those calculation didn't include those commision and charges ?
viper88
post May 26 2009, 06:49 PM

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TA-WB is dying.. today 0.015/0.02...
Unless TA makes annoucement cheaper convertion to TA Global and TA price cheong up.. maybe still have little chance.

My colleague bought at 0.075...he said will hold till 1st week of June before decide...
habislar..


QUOTE(sjz @ May 26 2009, 01:45 AM)
for TA-WB, confirm can convert to mother share at RM1.00/share.
now TA share is RM1.04 (Opening price 25 May) might go up or down, yesterday so as high as RM1.07, thanks to those ppl that goreng TA share from around RM0.57 at 12 March 2009, so means TA-WB's price can't be higher than RM0.03 for the safe side.
*
NaMyzarC
post May 26 2009, 06:51 PM

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your friend luck in the hand of the issuer ;-) how many lots your friend bought ?
sjz
post May 26 2009, 09:26 PM

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if the price is RM0.01 or RM0.005 then can buy.
because you still earn at least RM0.03 when covert to TA mother share at RM1.00/share.
cherroy
post May 26 2009, 09:30 PM

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QUOTE(sjz @ May 26 2009, 09:26 PM)
if the price is RM0.01 or RM0.005 then can buy.
because you still earn at least RM0.03 when covert to TA mother share at RM1.00/share.
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If after conversion, TA become low than 1.00, then loss liao. So there is no certainty at 0.01 can buy even if TA mothershare stay at 1.04 for time being.

If you buy 500 lots then need to prepare 50K cash for the conversion.

You don't buy 50 lots with 0.005, right?
kb2005
post May 26 2009, 09:55 PM

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Normally the conversion take a few weeks and you can't sell it when the price drop. If drop below RM1, then you will be in trouble.
ts1
post May 26 2009, 10:18 PM

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too risky..there is no guarantee it will be over RM1..mkt is bullish now imagine by the time market downturn...lagi teruk
kb2005
post May 26 2009, 10:21 PM

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QUOTE(ts1 @ May 26 2009, 10:18 PM)
too risky..there is no guarantee it will be over RM1..mkt is bullish now imagine by the time market downturn...lagi teruk
*
Teruk and if you have time to sell to cut the loss, it is okay. How about if the price drop while you're in the conversion process, then chiak lat liao!
lklatmy
post May 26 2009, 11:43 PM

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The gambling instinct in my blood is urging me to queue to buy 200 k units at half sen tomorrow.Hope I can get.

In the worse case scenario,I am prepare to lose the RM1K to let it expire worthless.

This is pure gambling,don't follow me.

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